Kiumarz Geula
Principal
Pillar Property Management
Owner
Pillar Property Management NYC portfolio
$170.4 million -specialty 35%, development 29%, walkup 14%; Bronx 65%, Queens 28%, Manhattan 5%*
1076th largest portfolio by dollar value
356,823 sqft – specialty 54%, office 21%, walkup 7%; Queens 50%, Bronx 42%, Manhattan 7%
1089th largest by SF
17 properties – Bronx 64%, Queens 29%, Manhattan 5%
605th largest
0 foreclosures, 0 bankruptcies, 1 other court case.
Person Activity past 24 months:
Seller signatory: 1 for $7 million
Borrower signatory: 2 for $39.5 million
Developer (new building or major alteration): 18 for 0 square feet
Top Ten Associated Companies:
Bethpage Federal Credit Union (3), Dime Community Bank (3), Bank of Hope (3), Renaissance Youth Center (1), Rockwood Park Jewish Center (1), Bethpage Commercial (1), Bank of America (1), RCH Capital (1), Self-Help Credit Union (1)
Top Ten Associated People:
Bervin Harris (1), Andrew Lenzioszek Jr. (1), Robert Fish (1), Chun Gun Park (1), Harold Rosenbaum (1), Mario Colon (1), Allison Moy (1)
Recent activity as signatory:
• Pillar Property Management sold 3491 3 Avenue for $7 million to Renaissance Youth Center on September 25, 2025.
• Pillar Property Management and Bronx Academy of Promise Charter School borrowed $19 million from Self-Help Credit Union for 1370 Cromwell Avenue on March 27, 2025.
• Pillar Property Management borrowed $20.5 million from Bank of Hope for 432B East 153 Street on October 09, 2024.
• RCH Capital on March 15, 2024 bought a loan with an original principal of $3.6 million from Webster Bank, signed by John Burke, secured by 312 West 36 Street, when owned by Pillar Property Management.
• Pillar Property Management borrowed $16 million from Bank of Hope for 1370 Cromwell Avenue on December 23, 2022.
• Kiumarz Geula filed plans for new building for 68,317 sqft in Melrose, Bronx, on December 14, 2022.
• Pillar Property Management borrowed $18.1 million from Dime Community Bank for None on November 15, 2022.
• Kiumarz Geula borrowed $7.2 million from Bethpage Federal Credit Union for 156-45 84 Street on September 01, 2022.
• Rockwood Park Jewish Center sold 156-45 84 Street for $3.5 million to Pillar Property Management on September 01, 2022.
• Pillar Property Management borrowed $17 million from Dime Community Bank for None on December 23, 2021.
Latest Stories:
• Renaissance Youth Center pays $7M for building in Morrisania (October 09, 2025)
• Pillar Property, charter school sign $19M refi for new school in Mt Eden (April 03, 2025)
• RCH Capital buys $3.6M note secured by Garment District building (April 02, 2024)
• Pillar Property obtained financing of $14M from Bank of Hope (September 05, 2019)
Court Records:
